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Property profile & analytics
OFF-MARKET
Retail residential properties
978 Dl N St Saint Paul, MN 55117-5602
Entity Owned
8-yr Hold
~
Est. High Equity
Property ID
US46-0901553
Property profile
Verified
Property type
Retail residential properties
Use group
STORES & APARTMENTS
Year built
1976
Total area
5,150 SF
Lot
0.12 ac (5,227 SF)
Zoning code
M
APN
25-29-23-23-0084
UPID
US46-0901553
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Kendale Street LLC · 8 yrs held
Kendale Street LLC
since 2017
7 recorded transactions
Zoning & alternative use
M · Saint Paul, MN
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Saint Paul submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Saint Paul submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2023Property tax & assessments
Tax year 2023
Tax billed
$10,186
Tax year 2023
Assessed value
$407,900
Assessed 2023
Previous assessed
$334,400
+22.0% YoY
Effective rate
2.50%
On assessed value
Assessed land
$31,400
Assessed improvement
$376,500
Land market value
$31,400
Improvement market value
$376,500
Total market value
$407,900
Applied tax rate
625.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Retail residential properties
Use group
STORES & APARTMENTS
Status
Off-Market
Year built
1976
Heating
YES
Cooling
NONE
Total area
5,150 SF
Lot
0.12 ac (5,227 SF)
Zoning code
M
APN
25-29-23-23-0084
UPID
US46-0901553
Jurisdiction
RAMSEY
Zoning & alternative use
M · Saint Paul, MN
Zoning M · permitted uses
M · Saint Paul, MN
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Saint Paul. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1976
Heating
YES
Cooling
Yes
Lot
0.12 ac
Current owner
From public records · entity-resolved
Kendale Street LLC
Entity
Mailing address
1090 COLETTE PL, SAINT PAUL, MN 55116-2553
Ownership since
2017
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
12 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Oct 14, 2024
—
Kendale Street LLC
—
Deed
related
$176,645 · First Bank & Trust
Aug 30, 2017
$500
Kendale Street LLC
Crosby,kendall J & Mary A
Quit Claim Deed
related
—
Jul 21, 2017
—
Kendall J Crosby
—
Deed
related
$233,100 · Peoples Bk/commerce
Sep 20, 2016
—
Kendall Crosby
—
Deed
related
$211,880 · Midwestone Bk
Apr 6, 2004
$175,000
Kendall J Crosby
Boerbon,lee & Barbara A
Grant Deed
—
—
—
Crosby,kendall J & Mary A
—
Loan Modification
related
$245,793 · Central Bk
—
—
Kendall J Crosby
—
Deed Of Trust
related
$134,867 · Mainstreet Bank
—
—
Kendall Crosby
—
Loan Modification
related
$211,880 · Midwestone Bk
—
—
Kendall J Crosby
—
Deed Of Trust
related
$233,100 · Peoples Bk/commerce
—
—
Kendall J Crosby
—
Deed Of Trust
related
$32,400 · Sparc
—
—
Kendall Crosby
—
Deed Of Trust
related
$179,602 · Mainstreet Bank
—
—
Kendall Crosby
—
Deed Of Trust
related
$31,545 · East Side Neigborhood Dev Co I
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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